Synonyms of tontine

Noun

1. tontine, tontine insurance, life insurance, life assurance

usage: a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members

2. tontine, annuity, rente

usage: an annuity scheme wherein participants share certain benefits and on the death of any participant his benefits are redistributed among the remaining participants; can run for a fixed period of time or until the death of all but one participant

Definition and meaning of tontine (Dictionary)